Business

An increase in hard Brexit fears left the pound muted against the euro, with the pairing trading around €1.172. Monday saw the pound remain under pressure following comments from Chancellor of the Exchequer Sajid Javid over fears about weaker ties between the UK and European Union following Brexit. Daily Express :: City and Business Feed

BITCOIN’S unpredicted turnaround from a post-Christmas collapse has seen its value rocket towards $ 9,000. The festive season had been a barren wasteland of apathy as the original cryptocurrency began to celebrate its 11th birthday with a disinterested slump to $ 6,800. Daily Express :: City and Business Feed

The pound to euro exchange rate held steady today, with the pairing currently trading around €1.171 after Germany’s year-on-year inflation figure for December confirmed forecasts and held at 1.5 percent. Daily Express :: City and Business Feed

The pound US dollar exchange rate is holding steady today, with the pairing currently trading around $ 1.305 as the “greenback” is restrained by doubts over the newly inked US-China “phase one” trade deal. Daily Express :: City and Business Feed

RAPPER Akon is set to build a 2,000 acre ‘crypto city’ in his homeland of Senegal. Daily Express :: City and Business Feed

OPENPAY, the Australian interest-free finance group, is targeting retailers for the first phase of its UK expansion, before entering the car, travel and healthcare markets later on. Daily Express :: City and Business Feed

IRAN’S cyberspies will use cryptocurrency to fund information warfare against the West, warns an ex-CIA officer. US cryptocurrency expert Yaya Fanusie says that it is likely Tehran will step up cyberattacks and black propaganda against the US, despite tensions easing following the US assassination of an Iranian general and a retaliatory Iranian airstrike on an American military base. Daily Express ...

THE shadowy North Korean cyberwarfare team known as Lazarus’ is stealing from British cryptocurrency users.North Korea is attempting to exploit cryptocurrencies to get around US sanctions, and hackers from the country are believed to be behind a rash of crypto crimes. Daily Express :: City and Business Feed

The pound US dollar exchange rate eased by around -0.4 percent today, with the pairing currently trading around $ 1.304 after Mark Carney, the Governor of the Bank of England , hinted at a possible interest rate cut to boost the UK’s flagging economy. Daily Express :: City and Business Feed

At the time of writing the GBP/EUR exchange rate is trading at around €1.1727, having fallen roughly 0.6 per cent from its opening levels in response to comments from Bank of England Governor Mark Carney earlier today. Daily Express :: City and Business Feed